going to get it through the senate? mitch mcconnell is in a tough position. harry reid, he has some people who loves his job. he would like to be along with the progressives. i look at this and i worry because in the camp that believes going over the cliff -- the united states will enter a new recession. i do not see the basic associations on the house and senate side that would write the legislation and pass it. host: so far the markets of not reacted. does that hurt the pressure of a congress often feels? guest: no doubt about it. yes, i agree with it, this could be terrible economic consequences, but itwe talked ae now. host: i have thought a lot about this. we have seen what happens again to of these circumstances. there was a very sharp drop of confidence with economic consequences. if you look at the data that came out earlier this week, november, december, consumer confidence plunges. markets are expecting things to get done. oppressing a denture a deal. leadership is an able to comfort a deal, we will see market volatility. you cannot go back. i worry a lot about it as well.